With this low of volume and on BFX there is a record amount of USD being borrowed for long positions there is going to be a short squeeze down, when people start closing their long positions when the market moves south drastically with a small dump this is going to be painful.  

Edit: Last time I saw Bitfinex sentiment be 2:1 bearish was December 22, that was the beginning of the rally up to 900ish. Now that is 1:2 bullish be careful, the market can be easily manipulated right now.